An individual taxpayer sells some used assets at a garage sale. Why are none of the proceeds

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An individual taxpayer sells some used assets at a garage sale. Why are none of the proceeds taxable in most situations?
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South Western Federal Taxation Individual Income Taxes 2017

ISBN: 9781305873988

40th Edition

Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young, Nellen

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